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Reuters - European stocks recovered some ground on Wednesday after steep losses in the previous session and the dollar dipped, but oil hovered near 20-month lows on ongoing worries about a slowdown in global demand.
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Reuters - A number of deals designed to cure the global financial crisis were in danger of unraveling on Wednesday, with losses mounting at banks and economies deteriorating.
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Reuters - Swiss Life warned on profits and cut its dividend, while Dutch financial group ING posted its first quarterly loss, as the financial crisis bites into insurers' investment income and premiums.
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AP - Chinese shares eked out modest gains Wednesday despite a weak region as construction sector stocks continued to rally on the government's $564 billion stimulus package. Financials also rose.
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